representative work

Reed Controls Acquired by Eddy Solutions for $7.3 Million


On May 4, 2022, Reed Controls Inc., a developer of a robust water management technology platform designed to help commercial and multi-family buildings manage risk, save water, and connect with plumbing fixtures, was acquired by Eddy Smart Home Solutions Ltd., a publicly listed North American provider and developer of residential and commercial smart water metering products and monitoring services, for a purchase price of $7.3 million. The purchase price was paid entirely in common shares of Eddy.

Cassels acted for Reed.

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